Lloydminster occupies a strategic position on the Alberta–Saskatchewan border along the Yellowhead Highway (Highway 16), one of Western Canada’s primary east–west transportation corridors. The city functions as the regional commercial and service hub for a large trade area spanning eastern Alberta and west-central Saskatchewan, drawing business travelers, contractors, agricultural service providers, and government visitors from dozens of surrounding communities. In addition to highway traffic and regional commerce, Lloydminster sits at the center of one of Canada’s most active heavy-oil producing regions, generating steady travel from energy companies, equipment suppliers, and technical professionals working throughout the area.

The long-term performance of hospitality assets in Lloydminster is supported by workforce-driven demand tied to the region’s core industries: oil and gas, agriculture, transportation, and construction. Unlike tourism-dependent markets, hotel occupancy here is largely generated by repeat corporate travel, project-based crews, and regional business activity, which provides a more stable and predictable demand base throughout the year. Combined with the city’s role as the primary commercial centre for surrounding rural communities and a relatively limited hotel supply compared to larger urban markets, these factors support consistent occupancy levels and position hospitality assets in Lloydminster for durable long-term investment performance.

Staff is not aware of this sale offering and information must be kept confidential.

CIVIC ADDRESS
4320 44th St, Lloydminster SK

LEGAL DESCRIPTION
Surface Parcel 146040656

LAND SIZE
± .2.93 acres

SALE PRICE
REDUCED $4,900,000

ZONING
C2 – Highway Commercial

BUILDING DETAILS

• 96-room, concrete construction
• Restaurant where guests enjoy full continental breakfast
• Bar lounge which includes license for 6 VLTs
• Microwave, Keurig machine and fridge in every room
• Free Wi-Fi
• Common guest laundry room
• Air conditioned rooms
• Business centre
• Fitness gym
• Pool, waterslide and hot tub
• Meeting space

ROOM TYPES
Single King – 21
Single Queen – 13
Two Queens – 39
Two Queens Deluxe – 10
Single Queen Accessible – 1
Two Double Beds – 12

CAPITAL IMPROVEMENTS
The property has benefited from significant capital investment over the past decade, including both structural and operational upgrades.
Major improvements include a $1.4 million exterior renovation, a complete pool and deck redevelopment with new HVAC systems ($750,000), and a full conversion from central boiler heating to individual in-room PTAC heating and cooling units ($300,000).

Additional upgrades include ongoing guest room renovations, new hallway carpeting (2024), restaurant and meeting room flooring improvements (2022), kitchen equipment upgrades (2024), and the conversion of select rooms to higher-end configurations.

Overall, the property reflects a pattern of consistent capital reinvestment, with mechanical systems, building components, and guest-facing areas supporting ongoing operations.

PARKING
145 paved, surface parking stalls

DUE DILIGENCE
Upon receipt of an executed confidentiality agreement, access to a data room will be granted which shall include reconstructed income, staffing complement, recent occupancy and ADR report, along with other relevant due diligence materials.